Aspire Historical Balance Sheet

AKM Stock   0.29  0.01  3.57%   
Trend analysis of Aspire Mining balance sheet accounts such as Total Current Liabilities of 296.2 K, Total Stockholder Equity of 45.4 M or Accounts Payable of 186.7 K provides information on Aspire Mining's total assets, liabilities, and equity, which is the actual value of Aspire Mining to its prevalent stockholders. By breaking down trends over time using Aspire Mining balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Aspire Mining latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Aspire Mining is a good buy for the upcoming year.

Aspire Mining Inventory

(1.33 Million)

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aspire Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Aspire Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Aspire Mining at a specified time, usually calculated after every quarter, six months, or one year. Aspire Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Aspire Mining and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Aspire currently owns. An asset can also be divided into two categories, current and non-current.

Aspire Mining Balance Sheet Chart

At this time, Aspire Mining's Intangible Assets are comparatively stable compared to the past year. Cash And Equivalents is likely to gain to about 13.4 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 45.4 M in 2024.

Total Assets

Total assets refers to the total amount of Aspire Mining assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Aspire Mining books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Aspire Mining balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Aspire Mining are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Accounts Payable

An accounting item on the balance sheet that represents Aspire Mining obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Aspire Mining are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Cash

Cash refers to the most liquid asset of Aspire Mining, which is listed under current asset account on Aspire Mining balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Aspire Mining customers. The amounts must be unrestricted with restricted cash listed in a different Aspire Mining account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most accounts from Aspire Mining's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Aspire Mining current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aspire Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Aspire Mining's Intangible Assets are comparatively stable compared to the past year. Cash And Equivalents is likely to gain to about 13.4 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 45.4 M in 2024.
 2021 2022 2023 2024 (projected)
Total Current Liabilities378.5K206.0K311.8K296.2K
Total Assets70.5M68.7M66.3M48.1M

Aspire Mining balance sheet Correlations

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-0.28-0.40.0-0.43-0.27-0.310.83-0.290.140.730.050.530.240.15-0.49-0.34-0.450.110.60.12-0.50.420.83-0.440.56
0.99-0.40.070.790.260.32-0.490.880.6-0.41-0.19-0.78-0.640.570.890.790.72-0.17-0.630.60.890.05-0.510.24-0.61
0.070.00.070.12-0.070.1-0.01-0.150.070.30.28-0.130.260.070.02-0.16-0.260.060.120.050.030.35-0.10.43-0.02
0.74-0.430.790.120.040.11-0.60.60.1-0.42-0.47-0.99-0.40.10.930.570.590.14-0.70.080.92-0.06-0.580.52-0.63
0.23-0.270.26-0.070.040.96-0.360.380.18-0.230.38-0.09-0.630.130.220.630.63-0.970.190.230.25-0.4-0.34-0.1-0.39
0.29-0.310.320.10.110.96-0.390.430.2-0.270.39-0.16-0.660.160.270.670.65-0.920.10.240.3-0.35-0.370.0-0.46
-0.350.83-0.49-0.01-0.6-0.36-0.39-0.40.260.720.30.720.330.28-0.69-0.46-0.620.160.520.24-0.70.590.96-0.470.88
0.88-0.290.88-0.150.60.380.43-0.40.57-0.41-0.25-0.6-0.860.510.770.880.83-0.34-0.580.580.79-0.09-0.340.0-0.53
0.690.140.60.070.10.180.20.260.570.050.36-0.03-0.430.990.170.470.24-0.29-0.091.00.190.550.17-0.20.05
-0.310.73-0.410.3-0.42-0.23-0.270.72-0.410.050.080.490.40.05-0.47-0.44-0.530.10.570.03-0.470.360.62-0.260.62
-0.130.05-0.190.28-0.470.380.390.3-0.250.360.080.470.150.37-0.45-0.14-0.28-0.480.560.38-0.430.260.2-0.180.33
-0.710.53-0.78-0.13-0.99-0.09-0.160.72-0.6-0.030.490.470.39-0.02-0.94-0.57-0.62-0.110.71-0.02-0.940.170.7-0.560.72
-0.640.24-0.640.26-0.4-0.63-0.660.33-0.86-0.430.40.150.39-0.39-0.56-0.96-0.920.590.43-0.45-0.580.220.230.150.47
0.670.150.570.070.10.130.160.280.510.990.050.37-0.02-0.390.140.450.21-0.24-0.10.990.150.60.18-0.190.08
0.83-0.490.890.020.930.220.27-0.690.770.17-0.47-0.45-0.94-0.560.140.720.76-0.05-0.680.171.0-0.24-0.660.37-0.73
0.78-0.340.79-0.160.570.630.67-0.460.880.47-0.44-0.14-0.57-0.960.450.720.96-0.56-0.480.490.73-0.21-0.4-0.02-0.6
0.68-0.450.72-0.260.590.630.65-0.620.830.24-0.53-0.28-0.62-0.920.210.760.96-0.51-0.510.260.77-0.45-0.53-0.02-0.69
-0.170.11-0.170.060.14-0.97-0.920.16-0.34-0.290.1-0.48-0.110.59-0.24-0.05-0.56-0.51-0.32-0.34-0.080.260.150.20.23
-0.570.6-0.630.12-0.70.190.10.52-0.58-0.090.570.560.710.43-0.1-0.68-0.48-0.51-0.32-0.08-0.670.00.47-0.430.47
0.690.120.60.050.080.230.240.240.581.00.030.38-0.02-0.450.990.170.490.26-0.34-0.080.190.520.15-0.220.04
0.83-0.50.890.030.920.250.3-0.70.790.19-0.47-0.43-0.94-0.580.151.00.730.77-0.08-0.670.19-0.25-0.660.36-0.73
0.160.420.050.35-0.06-0.4-0.350.59-0.090.550.360.260.170.220.6-0.24-0.21-0.450.260.00.52-0.250.490.240.45
-0.380.83-0.51-0.1-0.58-0.34-0.370.96-0.340.170.620.20.70.230.18-0.66-0.4-0.530.150.470.15-0.660.49-0.530.87
0.17-0.440.240.430.52-0.10.0-0.470.0-0.2-0.26-0.18-0.560.15-0.190.37-0.02-0.020.2-0.43-0.220.360.24-0.53-0.44
-0.50.56-0.61-0.02-0.63-0.39-0.460.88-0.530.050.620.330.720.470.08-0.73-0.6-0.690.230.470.04-0.730.450.87-0.44
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Aspire Mining Account Relationship Matchups

Aspire Mining balance sheet Accounts

201920202021202220232024 (projected)
Total Assets78.5M70.2M70.5M68.7M66.3M48.1M
Total Current Liabilities173.7K229.2K378.5K206.0K311.8K296.2K
Total Stockholder Equity78.7M70.3M70.6M69.0M66.6M45.4M
Accounts Payable130.6K152.9K270.4K16.2K152.2K186.7K
Cash40.7M34.2M32.0M12.9M10.2M12.7M
Net Receivables356.7K75.7K143.7K256.4K1.4M1.5M
Other Current Assets802.4K457.8K654.8K644.7K2.7M2.9M
Total Liab232.6K272.2K378.5K206.0K311.8K296.2K
Property Plant Equipment36.8M35.5M37.8M39.6M45.5M32.3M
Other Current Liab31.5K65.8K107.3K155.4K159.6K151.7K
Property Plant And Equipment Net304.3K421.7K389.9K361.2K40.1M42.1M
Net Debt(40.6M)(34.1M)(32.0M)(12.9M)(10.2M)(10.8M)
Retained Earnings(64.3M)(69.2M)(68.7M)(69.3M)(91.1M)(86.6M)
Non Current Assets Total36.9M35.5M37.9M39.6M40.1M34.9M
Cash And Short Term Investments40.7M34.2M32.0M28.0M23.5M15.2M
Common Stock Shares Outstanding300.6M433.4M507.6M507.6M583.8M613.0M
Liabilities And Stockholders Equity78.5M70.2M70.5M68.7M66.3M50.7M
Other Stockholder Equity(15.0M)(18.5M)(10.7M)(11.8M)(1.0)(1.05)
Property Plant And Equipment Gross36.8M35.5M37.8M40.4M46.5M34.3M
Total Current Assets41.5M34.7M32.6M29.0M26.2M15.9M
Accumulated Other Comprehensive Income(7.0M)(10.5M)(10.7M)(11.8M)(29.3M)(27.9M)
Short Term Debt12.1K11.6K10.5K859.0773.1734.45
Intangible Assets171.1K76.9K28.0K9.3K23.2K45.8K
Short Long Term Debt Total85.5K70.5K53.5K859.0773.1734.45
Non Currrent Assets Other36.5M35.0M37.4M39.2M45.1M30.8M
Long Term Debt3.2M73.4K58.9K43.0K38.7K36.7K
Short Long Term Debt3.2M12.1K11.6K10.5K9.5K9.0K
Net Tangible Assets78.6M70.3M70.6M69.0M79.3M56.9M
Net Invested Capital78.8M70.4M70.6M69.0M79.3M65.7M
Net Working Capital41.3M34.5M32.3M28.8M33.2M23.0M

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When running Aspire Mining's price analysis, check to measure Aspire Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aspire Mining is operating at the current time. Most of Aspire Mining's value examination focuses on studying past and present price action to predict the probability of Aspire Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aspire Mining's price. Additionally, you may evaluate how the addition of Aspire Mining to your portfolios can decrease your overall portfolio volatility.